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$500,000

590 Peel Rd, Springtown, TX, 76082

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,293 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.05 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size1.25 acres

Building Information

Year Built2018
Garage Spaces2

Land Information

APN15590-001-012-00
Lot Number12
SubdivisionNorth Acres
Land UseResidential
Legal DescriptionACRES: 1.246 LOT: 12 BLK: 1 SUBD: NORTH ACRES
Census Tract140403
Assessed Land Value$90,000
Assessed Improvement Value$362,571
Assessment Year2025

About this property

Welcome home! Embrace the tranquility of countryside living in this beautiful 3-bedroom, 2.5-bathroom home nestled on a serene 1.246-acre lot. The home features a dedicated office and an enclosed sunroom, offering flexible spaces. Inside, you’ll find an inviting floor plan designed for both everyday living and entertaining. The spacious living area flows seamlessly into the dining and kitchen spaces, creating a warm and welcoming atmosphere for gatherings and quality time with loved ones. Outside, the property offers a massive workshop equipped with electricity and plumbing, providing plenty of room for projects, storage, or parking your RV. The workshop also includes apartment quarters with a half bathroom, offering additional flexibility for a private office or extra living space. Don’t miss this opportunity to enjoy peaceful country living and make this beautiful property your own!

Investor Tools

$217,874Estimated Mortgage Balance
$234,697Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Jazmin Derby

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$452,571
2025
$90,000
$362,571
$452,571
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$452,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Bank Na
Conventional
$248,300
No
First
May 11, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,874
$234,697
51%
48%
$1,489/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Springtown

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590 Peel Rd | Property Details | No Agent List